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Your manipulation was coordinated trading by different HSX accounts

Posted by: Antibody on Feb 23, 10:36 in response to Borat's post There should be this is BS. I don't make calls to...

http://www.hsx.com/help/?page=howtotrade#6

HSX defines market manipulation as engaging in any activity which may artificially affect the market price of a security, or any other HSX market information. Market manipulation may include, but is not limited to: coordinated trading by different HSX accounts, unauthorized computer program-assisted trading using a single or multiple HSX accounts, inappropriate disclosure of trading activity, and misrepresentation of information to the HSX community. HSX will impose heavy fines and/or trading restrictions on traders who make use of market manipulation for any purpose.

1st offense: a fine of 25% of Portfolio Value and banned from trading for 15 days.
2nd offense: a fine of 50% of Portfolio Value and banned from trading for 30 days.
3rd offense: the confiscation of the Account Portfolio by the Hollywood Securities and Exchange Commission (HSEC).

The determinations of whether conduct constitutes manipulation will be at the sole discretion of HSX. All decisions are final.

Ahhhh I have 82 million missing. And I'm up 36K Ummmm anyone else having this problem? {nm} Borat Feb 23, 08:49

Have you been engaging in market manipulation? 82M is 25% of your prior port value, and 25% is the standard penalty for manipulation. {nm} shadowking Feb 23, 09:03

Is having more than one account the definition of manipulation? I have been trading less than an hour a day for a while..... Borat Feb 23, 09:05

They could have just asked me to close accounts instead of taking my main port out. {nm} Borat Feb 23, 09:08

Speaking from personal experience, they do not give you a headsup. The hammer falls, end of story. {nm} Hooray360 Feb 23, 09:46

no way to get your funds back? {nm} lobogotti Feb 23, 09:49

This was probably 5-6 years ago when I first started playing the game. I cheated, I got caught, I got punished, and I deserved it.. Hooray360 Feb 23, 09:58

What constitutes cheating? Is having more than one account automatically cheating? I do my main port, YTD ports, Starbond port....this sux {nm} Borat Feb 23, 10:01

You really aren't supposed to have more than one port, though many do. (more inside) Hooray360 Feb 23, 10:08

Well thanx for the info. I sent an email. It makes me not even want to play anymore and I love this site. {nm} Borat Feb 23, 10:13

Borat is on Razorhawk's blog. {nm} Antibody Feb 23, 10:16

where? {nm} RazorHawk Feb 23, 10:22

LOL yeah where and how do I get to his /your blog? {nm} Borat Feb 23, 10:23

here it is.... lobogotti Feb 23, 10:25

Talking about your 'neighborhood watch' from a few days ago. {nm} Hooray360 Feb 23, 10:25

Borat's the main account of one of those. {nm} Antibody Feb 23, 10:31

raymondwong never belonged to me, for a while rayonecenoyar was being managed by a friend and then he gave it back {nm} Borat Feb 23, 10:38

Since we are now public, you also used orlandoman and rayonec2828. {nm} Antibody Feb 23, 10:54

rayonec2828 was my starbond port. Orlandoman was inactive for years until recently which I'm about to close {nm} Borat Feb 23, 10:56

B.S. rayonec2828 coordinated trading of MovieStocks with the others. {nm} Antibody Feb 23, 11:02

If someone posts major news why wouldn't I buy or sell it in whatever accounts I have? I don't just trade random stocks at random times {nm} Borat Feb 23, 11:17

I closed rayonec2828 also but 90 percent of it for 90 percent of the time it was open was Starbonds {nm} Borat Feb 23, 11:18

As i said earlier, if you make so much as a single trade the same way in multiple accounts, they can and will hammer you. Hooray360 Feb 23, 11:25

I just closed them. {nm} Borat Feb 23, 11:28

If I was say dropping accounts with no new news throughout the day it would be different any "coordinated" trading was because of news here {nm} Borat Feb 23, 11:20

Was there major news on RAPE when you manipulated it? That's one example, just drop it. {nm} Antibody Feb 23, 11:32

I am dropping it but there had to be news from somewhere because I had never heard of the film before that day. {nm} Borat Feb 23, 11:34

Dropping it means not replying to this thread pretending you are innocent. {nm} Antibody Feb 23, 11:36

never knew that 360...you're a good man to admit it. glad to see you stuck around. {nm} lobogotti Feb 23, 10:12

Thanks. I did something stupid, I was wrong to do so. Unlike Borat, this was not an oversight or a simple mistake. Hooray360 Feb 23, 10:22

Hold on.....I'll actually admit something....... Borat Feb 23, 10:31

I did have other accounts that I hadn't traded on for like 3 years, and when I found out this rule, I deleted all of them. accountant_4_Jesus Feb 23, 13:19

There should be this is BS. I don't make calls to action. I don't post fake info. I've gotten a lot of people on this site. I'm pissed. {nm} Borat Feb 23, 09:59

Your manipulation was coordinated trading by different HSX accounts Antibody Feb 23, 10:36

I guess I'm just gonna start closing accounts. {nm} Borat Feb 23, 10:40

Unless you intend to run one port solely on Bonds and another solely on Moviestocks, having multiple accounts is never a good idea. Hooray360 Feb 23, 10:46

If I had a "YTD port" I'd want to hold the same positions almost every time... so I'll stick with 1 Port {nm} Chefbobcat Feb 23, 22:43

You should contact hsec@hsx.com if you were fined erroneously. secretstalker Feb 23, 09:14





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